CoreLogic's Hedonic Home Value Index is out for November and finally Perth sees an increase in values, recording a 0.4% increase. Locally values have been sliding since mid-2014, dropping by 21.3% cumulatively through to the end of November. Thirteen years ago Perth was the most expensive...
Nationally all capital cities recorded positive growth last month with the exception of Perth which declined 0.4 per cent to $435,119 according to the latest CoreLogic Home Value Index. [caption id="" align="alignleft" width="409"] Source: CoreLogic[/caption] The strongest growth conditions continue to be in Melbourne and Sydney. Melbourne...
With lots of new apartments on the market and the recent downward trend in prices, buying an apartment can seem an affordable way to get onto the housing ladder. They are however treated differently to a house purchase and there are other considerations to take...
Fox Mortgage Services is pleased to announce that we have been awarded Marketing Program of the Year WA in the 2019 Connective Excellence Awards, in the face of some very stiff competition. Connective Excellence Award Winners are chosen for their expertise, integrity and outstanding customer...
The Federal Government has now produced details on it's election promise of a Government Home Buyers Assistance Scheme which is set to start on 1st January 2020. If you were to purchase a home today, you’d most likely need to have 20% of the property’s value...
August CoreLogic's national dwelling values showed a promising turn nationally with the first monthly recorded increase in values since October 2017. The growth impacted values positively in five out of the eight capital cities, with the exceptions being Perth, Adelaide and Darwin. CoreLogic's research director Tim Lawless...
We've asked Luke Grundy, our resident financial planner, to highlight some of the financial considerations when thinking about planning for a family. Starting a family is one of life’s big decisions, if you are lucky enough to get the chance to plan this or even if...
With official interest rates trending downward, shrewd mortgage holders may take the opportunity to call their lender to ask for a better deal. But when even a small interest rate reduction means potential savings of thousands of dollars, is a simple phone call really enough to...
The Australian Prudential Regulation Authority (APRA) has finalised it's recommendations and will allow lenders to make changes to the current serviceability assessments. In a letter to ADIs (Banks and lenders) issued today (5th July), APRA confirmed its updated guidance on residential mortgage lending will no...
Many Australian families ask the same question...